The Twelfth Annual General Meeting of Infrastructure Development Company Limited (IDCOL) was held at Dhaka Sheraton Hotel. Mr. M Musharraf Hossain Bhuiyan, Chairman, IDCOL and Secretary, Economic Relations Division presided over the meeting. During the FY 2008–2009 Company’s profit before tax and provision was 41.77 crore which is 57% higher than the previous year. The meeting decided to pay Tk. 6 crore as dividend to the Government from the retained earnings of the Company in FY 2008–2009. The shareholders also approved increase of Company’s paid–up capital from Tk. 40 crore to Tk. 50 crore using Tk. 10 crore from the retained earnings in FY 2008–2009. IDCOL is the leading financier of private sector infrastructure projects and Renewable Energy Technology in Banglades